nostrplebs.com on Nostr: The Fed is sitting on an $8 trillion mountain of stolen goods that it needs to get ...
The Fed is sitting on an $8 trillion mountain of stolen goods that it needs to get rid of. Selling it could strangle credit, hike mortgages, and crash treasury markets.
By writing a blank check to Washington, the Fed stuffed an $8 trillion elephant onto a canoe. There is no elegant way to get it off.
Peter St Onge, Ph.D.
Published at
2023-12-11 15:31:17Event JSON
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"content": "The Fed is sitting on an $8 trillion mountain of stolen goods that it needs to get rid of. Selling it could strangle credit, hike mortgages, and crash treasury markets.\n\nBy writing a blank check to Washington, the Fed stuffed an $8 trillion elephant onto a canoe. There is no elegant way to get it off.\n\nPeter St Onge, Ph.D.\n\n",
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